Investing.com - Aviva (LON:AV) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Aviva announced earnings per share of £0.04 on revenue of £8.50B. Analysts polled by Investing.com anticipated EPS of £38.93 on revenue of £24,375M.
Aviva shares are down 0% from the beginning of the year and are trading at £410.40 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 8.5% from the start of the year.
Aviva follows other major Financial sector earnings this month
Aviva's report follows an earnings missed by HSBC on February 22, who reported EPS of £0.0883 on revenue of £8.89B, compared to forecasts EPS of £0.1 on revenue of £8.85B.
State Bank India had missed expectations on February 5 with fourth quarter EPS of £1.26 on revenue of £5.27B, compared to forecast for EPS of £1.27 on revenue of £5.27B.
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